Nigeria stands at a critical crossroads. For decades, the country has relied heavily on crude oil exports while depending on foreign nations for refined petroleum products. This imbalance—combined with aging infrastructure, underinvestment, and rising demand—has created a dangerous trajectory. Without bold action today, Nigeria could face a full-blown energy crisis within the next decade. And…

Nigeria is approaching an inflection point in its energy future. Decades of over-reliance on crude exports, limited domestic refining, and rapid population growth have placed enormous pressure on the nation’s petroleum supply chain. As a result, the country risks facing a severe energy crisis within the next decade if bold steps aren’t taken now. This…

For decades, Nigeria—Africa’s largest crude oil producer—has faced a paradoxical reality: exporting millions of barrels of crude while importing the refined petroleum products needed to power its economy. This imbalance has imposed economic strain, exposed the nation to global price shocks, and hindered industrial growth. Today, however, a new era is emerging—an era where Nigeria…

Nigeria is Africa’s leading crude oil producer—yet it spends over $15 billion every year importing refined petroleum products. This paradox stems from inadequate local refining capacity, aging infrastructure, and an overreliance on foreign suppliers. The consequences are severe: pressure on foreign reserves, a weakened naira, volatile fuel prices, and heightened exposure to external economic shocks.…